New Creative Private Loan Programs for Investors and ITIN Borrowers

DSCR / Business Purpose Program- Investment properties without income

• Non-Owner Only, Investment Properties
• 575+ Credit / Highest Borrower mid-score used to qualify!
• 80% LTV Purchase / 75% LTV Cash Out
• DSCR No Ratio: Max 65% LTV
• Use the higher of market rents and current lease agreement up to a 10% or $300 tolerance
• Loan amounts over up to 3M, 3M to 15M on exception
• Interest Only available on 10/40 term – Qualify DSCR with I/O payment
• Short-Term Rentals
• Rural allowed.
• Condotels / Adult Care Facility
• Non-Warrantable / 2-4 Units / Rural
• 0x90 Mortgage History
• Finance multiple properties simultaneously on a Blanket Loan
• No reserves required.
• Manufactured property to 70% Purchase / 65% Refinance
• Can close in Corporate (LLC) but not required
• ITIN / Foreign National
• First Time Home Buyer allowed to purchase Non-Owner with DSCR
• Buy out Prepayment Penalty
• Up to 3% LPC / Choose LPC on loan-to-loan basis
• Can split origination between borrower and lender paid

Non-Prime Program – Owner Occupied with some income or property issues

• Loan Amounts up to 4M, and 4M- $20MM on case by case.
• Delayed Financing on recent cash purchases
• 575+ Credit / 50% Debt Ratio
• Bank Statements, Asset Depletion, P&L Program, WVOE Only, 1099 Only, Asset Only
• Interest Only available with 10/40 term
• Non-Warrantable Condo, Rural,2-4 Units
• No reserves required at 75% or less LTV
• Income Desk offers same day Bank Statement income calculation
• Assets > Loan Amount = No Income Required
• Manufactured Homes to 70% LTV Purchase / 65% LTV Refinance
• Asset Depletion turns Qualified Assets into additional income
• Options for borrowers with no FICO or only 1 score

 ITIN Program- They have an ITIN and credit with their ITIN

• Borrower with an ITIN that has established credit and score reporting
• 650+ Credit (Credit must be established on the ITIN)
• Up to 80% LTV with 700+ FICO
• Up to 75% LTV with 650+ FICO
• WVOE Only, 12- Months Bank Statement for SE, Asset Depletion
• Non-Owner- Qualify with DSCR on property (No Income, Employment, or Debt Ratio)
• Loan amounts up to $1MM, over 1M allowed as exception.
• No reserves required.
• Non-Warrantable, Condotel, 2-4 Unit, Rural
• Up to 3% Origination
• Valid U.S. government issued ID

FOREIGN NATIONAL- DSCR Only

• No income, job, credit, or reserves required
• Loan amounts up to $2M, 2M-15M on case by case
• Non-Owner Occupied, 2nd Homes allowed on case by case
• Short Term Rentals
• 75% LTV Purchase / 65% LTV Refinance
• Condotels, Pud-Tells, 1-4 Unit
• No Citizenship, Social, ITIN, Work Visa, or Credit
• Qualify at 700 FICO

Multi-Family – Residential Investment Property with 5-24 units

• Long-term financing option with 30-year fixed term
• Loan Amounts $250K – $3MM, 3M+ on case by case
• 70% LTV Purchase / 65% LTV Cash Out
• 625+ Credit
• Short Term Rentals
• Interest Only Options
• 1.0+ DSCR
• Student Housing
• Non-Recourse Option available
• Quick scenario pricing & Pre-Approval process

Business Purpose Owner Occupied Loans in 33 States!

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